Ganope announced that the companies that have been awarded Red Sea 10 exploration blocks will have the right to sell its production shares locally or export it with the Ministry of Petroleum’s approval.
Vantage's Tungsten Explorer drillship will be responsible for drilling a firm well, with an option to drill three more wells. The drilling program is planned to be completed in 77 days.
The agreement was signed by Minister of Petroleum, Tarek El Molla; head of EGPC, Abed Ezz El Regal; and DEA Egypt’s General Manager, Sameh Sabry.
The project has a total storage capacity of 222,000 cubic meters in Sidi Krir and will be re-exported to European Markets.
Egypt has begun sending experimental quantities of natural gas to Jordan, according to the Jordanian energy minister.
Engineering for the Petroleum & Process Industries (Enppi) has signed a cooperation agreement with UK's Wood Group, one of the biggest oil and gas deepwater engineering providers.
Eni has signed an agreement with the Egyptian International Gas Technology Company (Gastec) to establish several integrated auto service, natural gas and gasoline filling stations.
The Egyptian Natural Gas Holding Company, the Ganoub El Wadi Petroleum Holding Company (Ganope) and Toyota have signed a $600 million agreement to purchase an offshore drilling rig capable of operating in deep wat ...
The Egyptian Ministry of Petroleum and Mineral Resources has signed two agreements with Halliburton on the sidelines of the Mediterranean Offshore Conference and Exhibition 2018.
Egypt will receive its second crude oil shipment from Iraq in two weeks, an official at the Egyptian General Petroleum Corporation has said.
